fxmoneypool - fxmoneypool.com
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Welcome to the world of FxMoneyPool.com!
This guide is all about the lot system here and everything that is can do and what can be done about it. First off lots are in some ways similar to shares of a stock. In this case it is based off of a fund that has been created and the value of a lot will fluctuate depending on the success or failure of the fund. Lots are free to earn, but can be bought using e-currencies (Currently accepted: E-Gold, PayPal, E-bullion) and can be converted to USD automatically in this forum. Why would you want to convert it? Well it could help you earn more money if you think the fund will drop in value you'll want to convert it to USD then wait to convert it back to earn more lots which gives more money. How will the fund operate? Well the fund will be funded by revenue that will come from people buying lots and advertisements on the forum. You don't need to buy lots to earn from them. Another way to earn lots is to be active on this forum. Here are the current earning statistics:
Amount of lots earned per new topic: 0.2
Amount of bonus cash earned per reply for topic author: 0.1
Amount of cash earned per reply: 0.1
Amount of cash earned per character: 0.001
Max amount of earnings per post: 7.5
You might think these amounts are very small, but think about it this way. Each lot's value will depend on the fund value. If in the future each lot ends up becoming $0.1 per lot then from that one post (max 7.5 lots) you would earn 7.5*0.1 or $0.75. $0.1 per lot isn't much now is it? Imagine when it becomes $1 per lot some day! Each of those posts would then be worth $7.50! Don't forget you won't be the only one having lots and the more lots there are out there the less each lot is valued and yes there will be times of inflation, deflation, and all other economic movements. So those 7.5lots max per post could become 25lots or maybe even 0.1lots.
Here is a brief example situation of how it will be calculated
-Current total fund value= $564
-Number of total lots (# of lot total from everyone)= 1,000
-Each lot would be worth (564/1000)= $0.564
-You have 20 lots
-You convert it to USD (20*0.564)= $11.28
Thats basically how this whole thing will run =D
Now for the question a lot fo you guys were probably thinking of...will the admin (MoForce) or mods earn from this? Well the mods in the future will be able to earn from it since they won't be able to edit amounts, but I will not be included in this to maximize all of your earnings. For now there is a maximum limit of 10 counted posts towards your earnings every 24 hours to prevent spam and an economic meltdown before we even start.
---I hope this guide was helpful! It's still a work in progress and will become more sophisticated and complete as time goes on---
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FxMoneyPool
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rajhere
